#USOIL in a bullflag, long here tight stops

FX:USOIL   CFDs on Crude Oil (WTI)
1290 15 24
Looks like a bullflag to me, the horizontal support is holding for the third time. This time there is a nice bullish divergence in the RSI to see.

Shorting this makes no sense to me at least the first target is 49. Further details are in the chart. Remember I post when HOT, this chart is posted HOT.
Comment: Breakout traders we broke up too hard... >.<
Comment: 30 min uptrend channel
What do you think. Any chance that was a false break or is the bullish case over?
Yahia.Awes tbuckle
As you can see it has been fallen out of the 30min channel I posted above. I cannot update the idea every second, so this is the base for a setup, but I might change my mind when the market decides other.
tbuckle Yahia.Awes
So you think for the time being the bull flag is invalidated since the channel broke, however, things could change and that might have been a false break....correct?
thans for sharing chart vvvv great knowledge

Price went, wick was delicious
I smell the 55-60 area could be a magnet.
OmegaJ Yahia.Awes
got to break that purple line... =)
Once that goes away could become unstopable
OmegaJ Yahia.Awes
Loaded tons of shorts at the wick.. superb r/r. Loading more after breakout hehe
OmegaJ OmegaJ
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